If cost price is ₹150 less than the se

CUET Preparation Today

Start Free Mocks

Home Questions 6EHC6TN6C4

Target Exam

CUET

Subject

General Test

Chapter

Numerical Ability

Topic

Profit and Loss

Question:

If cost price is ₹150 less than the selling price and profit is 20%, then what is the selling price ( in ₹) ?

Options:

750

900

800

850

Correct Answer:

900

Explanation:

SP - CP = Profit

ATQ,

20% = 150

1% = 7.5

Cost price = 100% = 100 × 7.5 = 750

Selling price = 750 + 150 = 900

The correct answer is option (2) : 900